CNBC Economy / Updates
- Americans' debt problems are flashing a warning not seen since the Great Recession October 9, 2026Researchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.
- Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor October 9, 2026Shelton's controversial economic ideas led the Senate to block her nomination to the Fed. Now she's going to be a counselor to the Treasury secretary.
- Inflation on many everyday items was entirely due to tariffs, NY Fed says October 8, 2026Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.